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Jul 28, 2011
07/11
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. ♪ raise the debt ceiling, raise the debt ceiling ♪ ♪ raise the debt ceiling, raise the debt ceiling ♪ >> good evening from new york. you would think that in the final week before we reach the deadline for raising the debt ceiling that we would by now be in the end game of what has become the difficult, sometimes nearly impossible negotiation to reach an agreement on raising the debt ceiling. and you would be wrong. we are not yet in the end game. we are still in the bluff stage of the negotiations. as it happens, the bluff stage, which began in full 18 days ago, has been the most public and active stage of the negotiations. bluffing by definition must be public and must be full of false activity. the president, by far the best bluffer of all the major players, got the bluffing going in earnest with his press conference on july 11th, by which time he had masterfully maneuvered the republicans into a stalemate of the negotiations, which then allowed the president to pretend that he was in favor of more deficit reduction than republican house speaker john boehner.ç since boehner ha
. ♪ raise the debt ceiling, raise the debt ceiling ♪ ♪ raise the debt ceiling, raise the debt ceiling ♪ >> good evening from new york. you would think that in the final week before we reach the deadline for raising the debt ceiling that we would by now be in the end game of what has become the difficult, sometimes nearly impossible negotiation to reach an agreement on raising the debt ceiling. and you would be wrong. we are not yet in the end game. we are still in the bluff stage...
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Jul 12, 2011
07/11
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MSNBC
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there was a debt ceiling vote in the bush administration where you voted against raising the debt ceiling. is that a vote the president today wishes he could get back when he's sitting in the room insisting on the importance of raising a debt ceiling when he had his one choice to vote on it in the senate and he voted against it? >> he said that. i can tell you what happens. i think you know this, you worked up on the hill here. if you're not in the president's party, you say it's the president's responsibility to do it, then look over your shoulder to make sure it passes. you don't want to go home and explain it if you don't have to, but you don't want to see the united states default on its debts. it's not pretty, but we know the bottom line, it has to pass. >> yeah, what each party always makes sure of is there's no more than 49 votes against it in the senate, and they kind of know it's going to work that way. it's always been done in the senate in a fairly cordial way. this new world, members of the house and possibly new members of the senate that actually don't believe it has to be r
there was a debt ceiling vote in the bush administration where you voted against raising the debt ceiling. is that a vote the president today wishes he could get back when he's sitting in the room insisting on the importance of raising a debt ceiling when he had his one choice to vote on it in the senate and he voted against it? >> he said that. i can tell you what happens. i think you know this, you worked up on the hill here. if you're not in the president's party, you say it's the...
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Aug 29, 2022
08/22
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of the debt ceiling. a pattern became clear. those in power tended to vote to raise the limit. in the current era, congress has reached default. in 2011, the debt ceiling had teeth. president obama and the speaker try to have a bargain. fundamentally a gop decision to not raise taxes, it came down to the wire. vice president biden and senator mcconnell forced a deal at the last minute. our credit was downgraded for the first time in history. there was $1.2 trillion in cuts for a decade. caps raised roughly every two years by congress. the treasury relies on extraordinary measures. 2013 also had a showdown affecting markets. this past december, there was a vote before default. the debt ceiling causes brinksmanship, but there is little evidence it provides fiscal restraint. the debt keeps increasing and the debt ceiling has never been lowered. there is debt already incurred, a reactionary exercise. many claim it as prompted negotiations that prompted restraint. a fuller reading notes amending debt ceiling v
of the debt ceiling. a pattern became clear. those in power tended to vote to raise the limit. in the current era, congress has reached default. in 2011, the debt ceiling had teeth. president obama and the speaker try to have a bargain. fundamentally a gop decision to not raise taxes, it came down to the wire. vice president biden and senator mcconnell forced a deal at the last minute. our credit was downgraded for the first time in history. there was $1.2 trillion in cuts for a decade. caps...
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0.0
May 9, 2023
05/23
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we need a debt ceiling. if you look at the past and the future, as i see it, it is going to break america. you cannot keep spending money you do not have. in a personal budget, you never do that. they think politics is way more important than the issue at hand. no one cares about politics, they care about being reelected. they do not give you a voice. we are looking into that, we are looking into that. i am old, those are thoughts when we grew up, we grew up under eisenhower and people that valued values, not just i have a check and can spend it. so i am hoping they will stay in washington, d.c. and fix the problem rather than taking a three-month summer and we are still spending billions and billions of dollars. >> i am from washington, d.c. and i am a lifelong democrat since john f. kennedy, and i think the republicans are all wet. they should stop playing games with the debt ceiling and putting the country and our democracy at risk. i think president biden is taking the correct steps to go forward. we hav
we need a debt ceiling. if you look at the past and the future, as i see it, it is going to break america. you cannot keep spending money you do not have. in a personal budget, you never do that. they think politics is way more important than the issue at hand. no one cares about politics, they care about being reelected. they do not give you a voice. we are looking into that, we are looking into that. i am old, those are thoughts when we grew up, we grew up under eisenhower and people that...
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Oct 10, 2013
10/13
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ALJAZAM
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the president has said that he wants a clean debt ceiling raise. so we think that speaker boehner is trying to sell members of his caucus on the debt ceiling, and not opening the government until something is added to it, by the affordable care act or other budgetary measures. >> and randall, it appears that the affordable care act, all of that may not be a thing of the pastas the news conference is being set up. >> we're hearing the hardliners talking about at least needing to amend the affordable care act, but not so much in terms of tying it to the reopening of government or the debt ceiling. so right now, what we're doing this morning, what we expect speak iser boehner to do, republicans are ready to approve a short-term raising of the debt ceiling, to the end of september. and president obama opened that window the other day, turning from the democrats who wanted a long-term debt ceiling deal. and president obama said if we can just get through the next few weeks and continue negotiation was republicans on some of the fiscal issues that have b
the president has said that he wants a clean debt ceiling raise. so we think that speaker boehner is trying to sell members of his caucus on the debt ceiling, and not opening the government until something is added to it, by the affordable care act or other budgetary measures. >> and randall, it appears that the affordable care act, all of that may not be a thing of the pastas the news conference is being set up. >> we're hearing the hardliners talking about at least needing to...
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Oct 10, 2013
10/13
by
CNN
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to increase the debt ceiling for six weeks. where he was looked like intentionally squishy, to use a technical term on the issue of the government shutdown. we heard from republican leaders, talking to republican sources, and they made clear their position is that this whole debt ceiling idea is predicated on the fact that they will then immediately begin to sit down and talk and among the first things they will do in those bipartisan negotiations is figure out a way to reopen the government. when it comes to the government shutdown we might be in a chicken or egg situation, which is going to come first. those things have to be worked out. as jay carney was speaking, i spoke to a republican leadership source who is trying to clarify what exactly this so-called clean debt ceiling bill would be. i'm told, when looking at the actual legislative language, there is going to be one condition and that condition will be to take what are known as extraordinary measures away from the treasury secretary in order to do that the reason that
to increase the debt ceiling for six weeks. where he was looked like intentionally squishy, to use a technical term on the issue of the government shutdown. we heard from republican leaders, talking to republican sources, and they made clear their position is that this whole debt ceiling idea is predicated on the fact that they will then immediately begin to sit down and talk and among the first things they will do in those bipartisan negotiations is figure out a way to reopen the government....
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0.0
May 9, 2023
05/23
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CSPAN
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we need a debt ceiling. if you look at the past and the future, as i see it, it is going to break america. you cannot keep spending money you do not have. in a personal budget, you never do that. they think politics is way more important than the issue at hand. no one cares about politics, they care about being reelected. they do not give you a voice. we are looking into that, we are looking into that. i am old, those are thoughts when we grew up, we grew up under eisenhower and people that valued values, not just i have a check and can spend it. so i am hoping they will stay in washington, d.c. and fix the problem rather than taking a three-month summer and we are still spending billions and billions of dollars. >> i am from washington, d.c. and i am a lifelong democrat since john f. kennedy, and i think the republicans are all wet. they should stop playing games with the debt ceiling and putting the country and our democracy at risk. i think president biden is taking the correct steps to go forward. we hav
we need a debt ceiling. if you look at the past and the future, as i see it, it is going to break america. you cannot keep spending money you do not have. in a personal budget, you never do that. they think politics is way more important than the issue at hand. no one cares about politics, they care about being reelected. they do not give you a voice. we are looking into that, we are looking into that. i am old, those are thoughts when we grew up, we grew up under eisenhower and people that...
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75
Oct 15, 2013
10/13
by
FBC
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eye 75
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past the debt ceiling. and questions to whether it would get through house of representatives, if and when it is agreed to. a number of house republicans have been hearing the details of the framework, and don't like it all this much, they feel they are being forced to to this democrats say, you went out there on obamacare, now we are coming out, saying we want increased spending. negotiations continue, republicans with a full conference meeting in senate tomorrow morning. they are still talking. back to you. charles: thank you, rich. we're going to one of those republicans now, florida congressman ted, you made a ruckus here, because. you are in washington d.c. saying this is a lot of hype we won't crumble as a nation if we don't raise the debt ceiling. >> charles, appreciate you having me on. and you know not raising the debt ceiling is not an automatic trigger for default. moody's talks about that. we have enough money to service our debt to raise the debt this time is -- we're here because they have not
past the debt ceiling. and questions to whether it would get through house of representatives, if and when it is agreed to. a number of house republicans have been hearing the details of the framework, and don't like it all this much, they feel they are being forced to to this democrats say, you went out there on obamacare, now we are coming out, saying we want increased spending. negotiations continue, republicans with a full conference meeting in senate tomorrow morning. they are still...
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0.0
May 9, 2023
05/23
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CSPAN
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the white house is refusing to negotiate over the debt ceiling. clean debt ceiling height while republicans have been demanding a number of different spending concessions and both sides have been in a deadlock so everybody is waiting to see if the stalemate can break if there's any kind of movement at all. just basically waiting to see what the next step forward is. the president met with -- hasn't met with mccarthy since february. everybody is just kind of waiting to see if anything comes of it at all. host: if something does come forward, do the leaders have to convince their majorities to go along? talk about the house in that regard. it is are they supporting speaker mccarthy on some path forward? guest: speaker mccarthy has a difficult path forward appeasing his caucus with some kind of deal. he has may be four votes to lose if everybody is present. he managed to pass a debt ceiling package narrowly it's weaved through the house. that would have raised the debt ceiling by $1.5 trillion it also would have cut $130 billion in discretionary spen
the white house is refusing to negotiate over the debt ceiling. clean debt ceiling height while republicans have been demanding a number of different spending concessions and both sides have been in a deadlock so everybody is waiting to see if the stalemate can break if there's any kind of movement at all. just basically waiting to see what the next step forward is. the president met with -- hasn't met with mccarthy since february. everybody is just kind of waiting to see if anything comes of...
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13
Sep 29, 2021
09/21
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CSPAN
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suspending the debt ceiling when we already have $28 trillion in debt. some of my colleagues have even suggested we should abandon the debt limit all together. giving the federal government no safeguards to prevent ballooning debt and damaging the united states credit rating. families, farmers, businesses, and state and local governments have to live win their mean and make responsible financial decisions to be successful. the attitude in washington continues to pass on massive debt to future generations in exchange for our current lifestyle. we aren't looking at this debt crisis in a vacuum. we could be voting on $5.5 trillion in more spending soon if the speaker pelosi can pull together her caucus. suspending the debt ceiling while also proposing trillions in new spending is reckless. every american, adult and child, already bears a burden of about $85,000 each. raising the debt ceiling is about future spending. an unlimited debt ceiling until december of 2022 would result in a massive increase in spending by the democrats. the last debt ceiling increa
suspending the debt ceiling when we already have $28 trillion in debt. some of my colleagues have even suggested we should abandon the debt limit all together. giving the federal government no safeguards to prevent ballooning debt and damaging the united states credit rating. families, farmers, businesses, and state and local governments have to live win their mean and make responsible financial decisions to be successful. the attitude in washington continues to pass on massive debt to future...
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0.0
Jan 27, 2023
01/23
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LINKTV
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debt ceiling. that has triggered a battle in congress. republicans say spending must be cut to lift the borrowing cap. president biden insists there should be no preconditions. what happens next? what effect does this have on the global economy? this is inside story. ♪ >> hello there and welcome. the white house has sought to assure americans that congress will find a bipartisan solution to avoid a debt default. that after the country hit a $31.4 trillion borrowing limit thursday last. congress usually votes and agrees to raise that limit, as it did last time. but, the standoff in washington this time seems riskier. some republicans have declared they won't raise the ceiling again unless president biden agrees to steep cuts in federal spending. democrats are not budging, raising fears of a political showdown that could unsettle markets and hit global growth. ayden i also want to talk about the extreme republican economic plans. apparently they are genuinely serious about cutting social security a
debt ceiling. that has triggered a battle in congress. republicans say spending must be cut to lift the borrowing cap. president biden insists there should be no preconditions. what happens next? what effect does this have on the global economy? this is inside story. ♪ >> hello there and welcome. the white house has sought to assure americans that congress will find a bipartisan solution to avoid a debt default. that after the country hit a $31.4 trillion borrowing limit thursday last....
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110
Jul 31, 2011
07/11
by
WBFF
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eye 110
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ceiling, national debt. critics say republicans are not focused on the most important thing; that's, creating job. especially with the latest gdp number. would you characterize house leadership focused op a growth agenda, job creation? how do you answer the democratic critics who say where are those bills? >> well, we can look right on the floor and see they have passed the house. if you score counting how many jobs our bills would create we're in the hundreds of thousands of jobs that sit on the senate like everything else, nothing moves off. the number one place you have to look is small business. i created my first business when i was 20, entrepreneur. the difference between an entrepreneur and someone who takes a job is all we do is create. we have don't take one from somebody else. if you look at the last process, just in the last year, lowest job creation in 17 years. if you look at under the president. we do, we have lost jobs. this is an opportunity to focus and change. the republican plan we have th
ceiling, national debt. critics say republicans are not focused on the most important thing; that's, creating job. especially with the latest gdp number. would you characterize house leadership focused op a growth agenda, job creation? how do you answer the democratic critics who say where are those bills? >> well, we can look right on the floor and see they have passed the house. if you score counting how many jobs our bills would create we're in the hundreds of thousands of jobs that...
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98
Feb 4, 2014
02/14
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CSPAN
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eye 98
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you devised the debt ceiling. t's a congressional creation and you understand that it's your obligation to get us out of it. that's where we are now. that puts both the executive and the legislative in a much better position going forward to have this kind of debate in other areas that are more natural. >> lawmakers use this issue to get attention. they want to raise money and there are a number of reasons you might do this in some of them do care about the issue. do you think when the public take that pays attention to this that they are more informed as a result or less informed as a result of having the debate? >> well, i would just 70% of the public is never heard of his. in any case, the debates we have had in recent years about the debt limit or about the budget, unfortunately, have not been hat informative. i do think that if there is a crisis, i am hopeful that the congress will deal with it in a rational way. the one reassuring thing is that if you look at other democracies that have had crises like swede
you devised the debt ceiling. t's a congressional creation and you understand that it's your obligation to get us out of it. that's where we are now. that puts both the executive and the legislative in a much better position going forward to have this kind of debate in other areas that are more natural. >> lawmakers use this issue to get attention. they want to raise money and there are a number of reasons you might do this in some of them do care about the issue. do you think when the...
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27
Oct 10, 2013
10/13
by
CNNW
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eye 27
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ceiling and defaulting on our debts. while that is sort of germinating throughout those in the white house, we're waiting for their reaction. wouldn't it be really nice to be able to hear someone stand up in congress and speak from the heart, somebody guided by faith and conscience? wow! guided by principle and not the partisan talking points and the line of the day or the hashtag? there is someone exactly like that. you're about to hear from him. but with the caveat he's not a member. have a listen. >> deliver us from the hypocrisy of attempting to sound reasonable while being unreasonable. forgive them for the blunders they have committed, infusing them with the courage to admit and correct mistakes. today, give our lawmakers the vision and the willingness, remove from them that stubborn pride which imagines itself to be above and beyond criticism. lord, deliver us from governmin by crisis. it's time for our lawmakers to say enough is enough. we pray in your merciful name, amen. amen. amen. amen. >> amen. i'm going to
ceiling and defaulting on our debts. while that is sort of germinating throughout those in the white house, we're waiting for their reaction. wouldn't it be really nice to be able to hear someone stand up in congress and speak from the heart, somebody guided by faith and conscience? wow! guided by principle and not the partisan talking points and the line of the day or the hashtag? there is someone exactly like that. you're about to hear from him. but with the caveat he's not a member. have a...
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Oct 11, 2013
10/13
by
MSNBC
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of the debt ceiling and remove the ability for people to use the debt ceiling to take us hostage by using what mitch mcconnell proposed to get us out of the 2011 debt ceiling crisis and what he did and what's being called the mcconnell rule. he allowed the president to unilaterally raise the debt ceiling and congress can vote to disapprove. if the president wants the debt ceiling to be raised, he has to veto that measure and it could be overridden by two thirds of both houses. is there any sort of talk or discussion of some way of actually taking away this debt ceiling threat for the longer term? >> i think it's a possibility that could be in the cards in the larger budget discussion that you'd end up having between republicans and democrats trying to craft something after a temporarily debt ceiling increase, a temporary extension of the u.s. government. but krystal, i don't think we know how long the debt ceiling will be increased for. house republicans yesterday were talking about a six-week extension. but it could be longer than that. we just don't know any kind of the details ye
of the debt ceiling and remove the ability for people to use the debt ceiling to take us hostage by using what mitch mcconnell proposed to get us out of the 2011 debt ceiling crisis and what he did and what's being called the mcconnell rule. he allowed the president to unilaterally raise the debt ceiling and congress can vote to disapprove. if the president wants the debt ceiling to be raised, he has to veto that measure and it could be overridden by two thirds of both houses. is there any sort...
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116
Jan 3, 2013
01/13
by
CURRENT
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eye 116
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and the loophole that he uses, i'm not negotiating over the debt ceiling. i'm negotiating over the sequester. what do you think of sequestration? >> first of all, sequesters is not something that i propose. it's something that congress has proposed. it will not happen. >> cenk: wait a minute. the sequester has defense cuts. that's not a bad thing. that's a progressive thing. but it's not going to happen. in the next round of negotiations i'm telling you right now he's going to put medicare and/or social security on the table. i'm ready to drop a preemptive elbow on obama's head. so in the ring for the first time, and there you go. it's coming. i guarantee it. "the young turks." [ ♪ music ♪ ] >> eliot: good evening i'm eliot spitzer, and this "viewpoint." the so-called fiscal cliff was finally surmounted tuesday night as the polithouse g.o.p. joined democrats in a bill that will avert steep tax heights for most americans and postpone major cuts to government programs. but the bill also guarantees lots more political drama in the weeks to come as the hous
and the loophole that he uses, i'm not negotiating over the debt ceiling. i'm negotiating over the sequester. what do you think of sequestration? >> first of all, sequesters is not something that i propose. it's something that congress has proposed. it will not happen. >> cenk: wait a minute. the sequester has defense cuts. that's not a bad thing. that's a progressive thing. but it's not going to happen. in the next round of negotiations i'm telling you right now he's going to put...
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Jan 20, 2023
01/23
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MSNBCW
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eye 32
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when i was in the raise the debt ceiling business, everyone in congress understood what the debt ceiling was. everyone understood that it was a must pass bill, and that is why we usually waited to the very last minute to raise the debt ceiling because at that point no one would dare try to tamper with it, adding amendment to it, or in any way complicate raising the debt ceiling because everyone understood if we fail to raise the debt ceiling, it really would be the end of the world economically. it would strike a devastating blow to the world wide economy with crushing economic catastrophe in the united states. we were raising the debt ceiling then in a senate controlled by democrats, with house of representatives controlled by democrats, and a democratic president in the white house, bill clinton. that meant that the republicans did not help us, but they never dreamed of blocking an increase in the debt ceiling. bob dole, the republican leader of the senate would never dream of putting a 60 vote procedural roadblock in the way of the debt ceiling bill. until the first time that we raise
when i was in the raise the debt ceiling business, everyone in congress understood what the debt ceiling was. everyone understood that it was a must pass bill, and that is why we usually waited to the very last minute to raise the debt ceiling because at that point no one would dare try to tamper with it, adding amendment to it, or in any way complicate raising the debt ceiling because everyone understood if we fail to raise the debt ceiling, it really would be the end of the world...
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8.0
Sep 23, 2021
09/21
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CSPAN
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eye 8
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support or opposeg the debt ceiling? your opportunity to tell washington what you think they should do as they continue the debate. devon, philadelphia. you oppose. tell us why. >> i oppose just because we are in massive debt and you know, after a while the interest on the debt, that is all we will be paying, not down the principal. one of the things he just showed the video of, the national debt, but please also show the poverty page, the link that's on that same website, just to show the maximum amount of poverty. i have traveled all across this country. i have been to what, 39 states of the 50 and i tell you, it's just a massive poverty all over. it's, it's, it's sad. host: our line producer found that for you, living in poverty. there is the number. without insurance. this is from the national debt clock. their website we show you at the top. douglas, staten island, do you support raising the debt ceiling? caller: good morning. how are you? host: what do you think? caller: i support it. this is an old republican play
support or opposeg the debt ceiling? your opportunity to tell washington what you think they should do as they continue the debate. devon, philadelphia. you oppose. tell us why. >> i oppose just because we are in massive debt and you know, after a while the interest on the debt, that is all we will be paying, not down the principal. one of the things he just showed the video of, the national debt, but please also show the poverty page, the link that's on that same website, just to show...
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0.0
Apr 30, 2023
04/23
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we have looked at the debt ceiling. nobody should worry about whether the debt ceiling will get lifted, we did it. the democrats did not. the president wants to make sure the debt ceiling is not lifted by this bill. there are other bills, that he says he will veto. thank you all, i hope you have a good day.
we have looked at the debt ceiling. nobody should worry about whether the debt ceiling will get lifted, we did it. the democrats did not. the president wants to make sure the debt ceiling is not lifted by this bill. there are other bills, that he says he will veto. thank you all, i hope you have a good day.
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Oct 11, 2013
10/13
by
CNN
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ceiling for six weeks, but strikt l strictly dealing with the debt ceiling issue? >> wolf, the president has said and i think jay carney has said repeatedly now the president would sign a short-term debt ceiling increase. that was contingent on what was in the legislation itself. if it's a clean debt ceiling increase he's going to sign it. i think the critical component in all of this, wolfe, is how close we drift towards october 17th. if we're drofting towards october 17th and we don't have a break true, we don't have a deal, and he gets handed a deal that only raises the nation's debt ceiling he is going to do that even if it does not include a bill that opens up the government. i think that is the best rewrite now of where the white house stands right now and that is a read i got from a democratic official who was familiar with that meeting last night. that the debt ceiling, yes, something the president would sign. this is a surprise that came out of this meeting last night, wolf, as to how hard the president is trying to push here. i think it gives us a sense a
ceiling for six weeks, but strikt l strictly dealing with the debt ceiling issue? >> wolf, the president has said and i think jay carney has said repeatedly now the president would sign a short-term debt ceiling increase. that was contingent on what was in the legislation itself. if it's a clean debt ceiling increase he's going to sign it. i think the critical component in all of this, wolfe, is how close we drift towards october 17th. if we're drofting towards october 17th and we don't...
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0.0
Jan 26, 2023
01/23
by
CSPAN2
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as everyone here is writing the debt ceiling is coming up. in the debt ceiling historically has proven the most effective lever point to force meaningful concessions. now, let me dispense with the canard. nobody standing here wants to default on the debt. let me be absolutely clear and unequivocal the united states of america should never ever ever default on its debt. and whether or not the debt ceiling is raised immediately, the united states will not default on its debt. why? revenue that comes in each month it seeds the interest payments that are owed. there is more than sufficient revenue coming in to make sure we never default on the debt. everyone of us supports legislation. legislation i called the default prevention act put that in statute to make clear this chance of default is 000%. the reason the default prevention act has been passed is because the democrats block it. there is one principal person this town time of default of the debt and that is joe biden. joe biden says threaten the default and frankly he's counting on you all
as everyone here is writing the debt ceiling is coming up. in the debt ceiling historically has proven the most effective lever point to force meaningful concessions. now, let me dispense with the canard. nobody standing here wants to default on the debt. let me be absolutely clear and unequivocal the united states of america should never ever ever default on its debt. and whether or not the debt ceiling is raised immediately, the united states will not default on its debt. why? revenue that...
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176
May 18, 2012
05/12
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CSPAN3
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eye 176
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i think that we have always raised our debt ceiling because if we don't raise our debt ceiling, we're going to have a terrible time with our like it was before. they downgraded our thing. and that republican that was on just a little bit ago said they ought to raise more taxes. well, her party's the one that says we shouldn't raise any taxes to pay anything. and i don't understand that. i really don't because if a family is wanting -- needing more income, usually either the wife goes to work or the husband gets a second job to bring in more money. so why can't we raise the taxes? >> all right, carol, thanks for your comment. next is john who's a democrat in the atlanta, georgia, good morning to you. >>. >> how are you doing this morning? >> i'm great. thank you. >> good. my comment basically is congress get it together. they need to come together and come to some sort of consensus. and you know in my opinion you know, this has gone on too long. also, maybe the members of congress should abort this business of getting those cutbacks which was from the last administration and maybe that
i think that we have always raised our debt ceiling because if we don't raise our debt ceiling, we're going to have a terrible time with our like it was before. they downgraded our thing. and that republican that was on just a little bit ago said they ought to raise more taxes. well, her party's the one that says we shouldn't raise any taxes to pay anything. and i don't understand that. i really don't because if a family is wanting -- needing more income, usually either the wife goes to work or...
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Apr 27, 2023
04/23
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we have looked at the debt ceiling. nobody should worry about whether the debt ceiling will get lifted, we did it. the democrats did not. the president wants to make sure the debt ceiling is not lifted by this bill. there are other bills, that he says he will veto. thank you all, i hope you have a good day. >> c-span's washington journal, every day we are taking your calls live and on the air on the news of the day and we will discuss policy issues that impact you. coming up thursday morning, california republican congressman talks about the debt limit and other congressional news of the day. we into the congress -- conversation on the debt ceiling debate with the wisconsin congresswoman. g lee talks about the south koreans president to the u.s. s nd bidens policy towards asia. watch washington journal live on c-span or c-span now our free mobile app. join the discussion with your facebook comments, text messages and tweets. [captioning performed by the national captioning institute, which is responsible for its caption
we have looked at the debt ceiling. nobody should worry about whether the debt ceiling will get lifted, we did it. the democrats did not. the president wants to make sure the debt ceiling is not lifted by this bill. there are other bills, that he says he will veto. thank you all, i hope you have a good day. >> c-span's washington journal, every day we are taking your calls live and on the air on the news of the day and we will discuss policy issues that impact you. coming up thursday...
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Jan 6, 2013
01/13
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can you get a deal on the debt ceiling? can you raise that debt ceiling without agreeing to some spending cuts? >> well, i think we're going to need both. what the president has said is we need some balance here. from this point forward -- >> excuse me what, the president said he's not going to deal. he's not going to negotiate. he just wants you to raise it. is that going to happen? >> let me add one thing. i think in the course of the state of the union address, and the president has already said, it we're going to be talking about further deficit reduction, but it has to be done in a balanced way. at the heart of this debt ceiling debates is whether or not we're going to continue to reduce the deficit. i think we need to do it in a thoughtful way. and the president said as long as it's balanced he's open to the conversation. >> okay. so i'm confused because i've heard him say multiple times i am not going to negotiate over raising this debt ceiling. so are you going to negotiate? >> i can just tell you this. the debt cei
can you get a deal on the debt ceiling? can you raise that debt ceiling without agreeing to some spending cuts? >> well, i think we're going to need both. what the president has said is we need some balance here. from this point forward -- >> excuse me what, the president said he's not going to deal. he's not going to negotiate. he just wants you to raise it. is that going to happen? >> let me add one thing. i think in the course of the state of the union address, and the...
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Jul 30, 2011
07/11
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this debt ceiling battle is about the fact if we don't raise the debt ceiling, america will be unable to meet her financial obligations. joe walsh doesn't believe it will happen. at least not anywhere or on or near tuesday. >> we are so obsessed with august 2nd. i think what's important is that we get this right. the administration has been trying to scare folks into this notion of default. >> you're okay with a potential default on august 2nd? you would let that date pass? >> default is not an option. the administration knows more people in your profession should know that. we've got plenty of government revenues in the month of august to service our debt. default isn't even on the table. i'm not obsessed with august 2nd. truthfully. >> joe walsh is not so obsessed with august 2nd. earlier tonight he was one of 22 republicans who voted against the republican's own debt ceiling bill. part of the reason joe walsh might think nothing happens when you don't meet your financial obligations is when it comes to child support, it appears he hasn't met those obligations for quite some time. s
this debt ceiling battle is about the fact if we don't raise the debt ceiling, america will be unable to meet her financial obligations. joe walsh doesn't believe it will happen. at least not anywhere or on or near tuesday. >> we are so obsessed with august 2nd. i think what's important is that we get this right. the administration has been trying to scare folks into this notion of default. >> you're okay with a potential default on august 2nd? you would let that date pass? >>...
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Oct 6, 2021
10/21
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reporter: is this vote on the debt ceiling tomorrow -- if this vote on the debt ceiling is blocked by republicans, would you change filibuster rules? sen. schumer: the best way to get this done is for republicans to get out of the way, let the 50 democrats do it. that is what we are working forward tomorrow. reporter: back to your response on the give and take on reconciliation, where do you think democrats can give a little bit more to get to that -- sen. schumer: i will not negotiate in public. we had a good meeting. we began getting into the nitty-gritty of how we get this done. we are going to get it done. we want to get all of it done by the 31st of october. we are making good progress. democrats of all different -- the progressive folks, more moderate folks all realize there will have to be give on either side to get this done. reporter: are you opposed -- are all 50 democrats opposed to using reconciliation? sen. schumer: reconciliation is a drawnout, convoluted and risky process with default and downgrade hovering over us. the best way to do it is the way we said. that is what
reporter: is this vote on the debt ceiling tomorrow -- if this vote on the debt ceiling is blocked by republicans, would you change filibuster rules? sen. schumer: the best way to get this done is for republicans to get out of the way, let the 50 democrats do it. that is what we are working forward tomorrow. reporter: back to your response on the give and take on reconciliation, where do you think democrats can give a little bit more to get to that -- sen. schumer: i will not negotiate in...
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May 12, 2023
05/23
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congress to raise the debt ceiling. she says the u.s. would have to default on something at the ceiling is not raised and she spoke earlier to anne-marie hordern in an exclusive interview from the g7 sonnet -- summit in japan. >> there is no satisfactory solution for the united states, a solution that will be good for the economy and financial markets other than congress acting to raise the debt ceiling. there are potential different paths that can be taken if that doesn't happen but there is not a single thing that can be done that will save the united states from considerable economic and financial damage. annmarie: this plan was outlined in 2011 and you were there at the fomc meeting up out of and it's the treasury principles and securities would be paid. is this something for contingency has been discussed with the president? >> i was at the fed in 2011. my understanding was this plan was never presented to the president and ever approved. annmarie: would you presented now? >> we are working full-time to work with c
congress to raise the debt ceiling. she says the u.s. would have to default on something at the ceiling is not raised and she spoke earlier to anne-marie hordern in an exclusive interview from the g7 sonnet -- summit in japan. >> there is no satisfactory solution for the united states, a solution that will be good for the economy and financial markets other than congress acting to raise the debt ceiling. there are potential different paths that can be taken if that doesn't happen but...
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Jan 13, 2013
01/13
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that's the debt ceiling. keep it in mind, the treasury does not make decisions about how the money is spent. they're simply empowered in this case to borrow money and write the checks to pay the bills incurred by your democratically elected congress. today the debt ceiling is $16.3 trillion which is less than our debt. the treasury can use extraordinary measures to raise an extra $200 billion. those extra funds will only last until about mid february or early march according to the bipartisan policy center. good luck trying to explain this to conservative talk radio show host, rush limbaugh. >> i think it's a debt limit as your monthly credit card limit. you can't go over it on your credit card. and the united states government can't spend more than what its credit limit is or its debt limit. now ali velshi at cnn says that has no relation to spending. >> that's right, rush, the debt ceiling was create sod the congress wouldn't constantly need to authorize congress to borrow to raise more money. it doesn't au
that's the debt ceiling. keep it in mind, the treasury does not make decisions about how the money is spent. they're simply empowered in this case to borrow money and write the checks to pay the bills incurred by your democratically elected congress. today the debt ceiling is $16.3 trillion which is less than our debt. the treasury can use extraordinary measures to raise an extra $200 billion. those extra funds will only last until about mid february or early march according to the bipartisan...
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Oct 10, 2013
10/13
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a possible deal to raise the debt ceiling, if only for six weeks. we'll talk to one house republican leader who even says defunding obama care is off the table. okay. great. what about reopening the government? >>> the politics lead. face-to-face. will the president and the speaker emerge with a deal when they meet minutes from now? we'll talk to legendary journalist bob woodward, who wrote a compelling account of their last debt ceiling feud. >>> and the money lead. the closing bell on wall street. every single day this week it's been a loser for the stock market but that changed today. just a hint of a debt limit deal was enough to send the dow skyrocketing. good afternoon, everyone. i'm jake tapper. welcome to "the lead." we will begin, of course, with the national lead. the dow closing up over 300 points, the markets surging as word spread about a potential solution to keep the united states government from hitting the debt ceiling, but not necessarily a solution to end this partial government shutdown, which has now lasted ten days. for much of
a possible deal to raise the debt ceiling, if only for six weeks. we'll talk to one house republican leader who even says defunding obama care is off the table. okay. great. what about reopening the government? >>> the politics lead. face-to-face. will the president and the speaker emerge with a deal when they meet minutes from now? we'll talk to legendary journalist bob woodward, who wrote a compelling account of their last debt ceiling feud. >>> and the money lead. the...
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, but the way the debt ceiling often got passed was you'd stick the debt ceiling on to a budget negotiation once it was completed because people figured, well, i don't want to take a bunch of tough votes to cut programs or raise taxes and then also have to take a debt ceiling vote. let me do it all at once. but it wasn't a situation in which, what if i don't get what i want, then i'm going to let us default. that's what's changed. that's what we learned in 2011. so as a consequence, i said, we're not going to do that again. not just for me, but because future presidents, republican or democrat, should not be in a position where they have to choose between making sure the economy stays afloat and we avoid worldwide catastrophe or we provide concessions to one faction of one party in one house. but let me tell you a lesson i did not learn. i did not learn a lesson we shouldn't compromise. i still think we should. i still think there are all kinds of issues we should be talking about. i don't expect to get 100% of my way. i'm still very open to having conversations with not just the speaker bu
, but the way the debt ceiling often got passed was you'd stick the debt ceiling on to a budget negotiation once it was completed because people figured, well, i don't want to take a bunch of tough votes to cut programs or raise taxes and then also have to take a debt ceiling vote. let me do it all at once. but it wasn't a situation in which, what if i don't get what i want, then i'm going to let us default. that's what's changed. that's what we learned in 2011. so as a consequence, i said,...
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Jul 23, 2011
07/11
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with a debt ceiling increase. way back at that point, you told this audience you didn't see any way a debt ceiling to occur without a large and significant deficit reduction package being attached to it. what happened that changed the shape of things that the white house started moving toward what you described as the legislative reality? >> well, i remember very well a meeting we had in leader reid's office, leader reid, myself, and jack lew, they were saying, you know, they were going for a clean debt limit, and i told them with some intensity that it's not going to happen. just, you know, you got to come up here and talk to the members and find out what they are thinking and feeling and what their constituents are thinking and feeling and just extending the debt limit is not going to happen. >> senator, if this administration, as expressed to you in that kind of meeting, was interested in a clean debt ceiling increase with nothing else attached to it, how disappointed can the president really be tonight if that
with a debt ceiling increase. way back at that point, you told this audience you didn't see any way a debt ceiling to occur without a large and significant deficit reduction package being attached to it. what happened that changed the shape of things that the white house started moving toward what you described as the legislative reality? >> well, i remember very well a meeting we had in leader reid's office, leader reid, myself, and jack lew, they were saying, you know, they were going...
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Oct 7, 2013
10/13
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of the debt ceiling. it is our view, as i think both those officials stated this morning, that since the whole argument is to remove uncertainty, the uncertainty created by the threat of default, the threat of not raising the debt ceiling, that the longer you raise the debt ceiling or, the better, and we will -- the debt ceiling for, the better, and we will support a movement to raise the debt ceiling for year. that would certainly be viewed here is something we did support. but we don't get to make those determinations. what our position has always been was not raise it for a certain amount of time. it has been raise the debt ceiling without drama and delay. , ourver the duration position will not change, which is raise it so that the united states can continue to pay its bills and continue to ensure that the world knows we are good to our word and we fulfill our obligations, and when it comes up again, our position will still be, we will not negotiate over congress's responsibility is to pay the bills t
of the debt ceiling. it is our view, as i think both those officials stated this morning, that since the whole argument is to remove uncertainty, the uncertainty created by the threat of default, the threat of not raising the debt ceiling, that the longer you raise the debt ceiling or, the better, and we will -- the debt ceiling for, the better, and we will support a movement to raise the debt ceiling for year. that would certainly be viewed here is something we did support. but we don't get to...
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Jul 26, 2011
07/11
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we're in this mcconnell language of the debt ceiling disapproval, which is voting for a debt ceiling and pretending you haven't and thursday you would have at the earliest point the harry reid position coming to a vote, which means there will be a great weekend when the hout house and senate won't agree with each other. the markets really will be spooked this time. if the house and senate couldn't agree when they are both controlled by democrats, how are they going to resolve it next weekend by the time they have all debated and voted? that means this time next week will be ugly in the financial market. >> it all can come down to a one sentence bill. that's the funny thing. as complex as they have made it so far, if we get to august 1st and it is 10:00 p.m. and they have done nothing and the pressure starts to build on what they do know how to do and what most of them have already in their careers voted for many times, which is just that one sentence that says we're going to raise this number to this number. >> but if she cannot explain why she voted for bush's debt ceiling increase
we're in this mcconnell language of the debt ceiling disapproval, which is voting for a debt ceiling and pretending you haven't and thursday you would have at the earliest point the harry reid position coming to a vote, which means there will be a great weekend when the hout house and senate won't agree with each other. the markets really will be spooked this time. if the house and senate couldn't agree when they are both controlled by democrats, how are they going to resolve it next weekend by...
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May 9, 2023
05/23
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debt ceilings have carried other measures. what we have here is we are running out of time and time for the president to gept serious and sit down with the speaker. [indiscernible chatter] the speaker: we want to say we should spend next year what we spent five months ago. they said draconian. what we spent five months ago is more than how much president biden and they proposed to spend this time. people were being hurt. people not getting veteran care and people not getting what they asked for five months ago. is that too much? we can raise the debt limit and spend what we did five months ago and pull back that covid money and put work requirements that help the supply chain and get promoted and more jobs and make us energy independent so americans have a lower cost in their energy bills. if they have a better idea, i'm sitting here for the last 97 days, tell me what it is. reporter: did you address the argument from the administration saying that house republicans want to cut veterans' benefits? and are you confident that if
debt ceilings have carried other measures. what we have here is we are running out of time and time for the president to gept serious and sit down with the speaker. [indiscernible chatter] the speaker: we want to say we should spend next year what we spent five months ago. they said draconian. what we spent five months ago is more than how much president biden and they proposed to spend this time. people were being hurt. people not getting veteran care and people not getting what they asked for...
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May 25, 2023
05/23
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i will not put a clean debt ceiling on the floor. why? we spent more than we ever spent before and have the highest debt we ever had before. i don't think that's right. let me finish the question. everything else is on the table. for 97 days he wouldn't talk to me so we passed the bill. we are not getting everything in our bill. i'm negotiating with the president, we passed the bill to raise the debt ceiling. if i did what you are saying we wouldn't be talking. spending the negotiation team, my team is highly respected on both sides of the aisle. they know the house and senate well and i know together, maybe you discounted me too. it took 15 rounds. we are stronger for it. we didn't solve this problem on the first negotiation. i firmly believe we will get it. >> the concessions was the rate of debt. within the room, what concession are you willing to give? >> i'm willing to make america stronger, to curb inflation, less dependence on china and less then we spent the year before. when we are elected the power belongs to us from the america
i will not put a clean debt ceiling on the floor. why? we spent more than we ever spent before and have the highest debt we ever had before. i don't think that's right. let me finish the question. everything else is on the table. for 97 days he wouldn't talk to me so we passed the bill. we are not getting everything in our bill. i'm negotiating with the president, we passed the bill to raise the debt ceiling. if i did what you are saying we wouldn't be talking. spending the negotiation team, my...
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May 13, 2023
05/23
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we raised the debt ceiling. is it frustrating that the leader of the free world would wait this long and put america in jeopardy? it does make me angry to be honest with you. but i don't get angry in a meeting. [indiscernible] janet yellen decides that. that's what she said. that is what the date is. listen, government is designed to find negotiation and compromise. that's what you do when you get together. that happens on every bill to become law. that's the way the framers designed our country. that's the way it works. [indiscernible] i didn't know why he was there. >> on the veterans thing, you said it was a lie. did you use that word? speaker mccarthy: yes. i didn't call him a liar. if you said we are cutting, that's a lie. i wouldn't call the president a liar. thank you. have a good day.
we raised the debt ceiling. is it frustrating that the leader of the free world would wait this long and put america in jeopardy? it does make me angry to be honest with you. but i don't get angry in a meeting. [indiscernible] janet yellen decides that. that's what she said. that is what the date is. listen, government is designed to find negotiation and compromise. that's what you do when you get together. that happens on every bill to become law. that's the way the framers designed our...
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Jul 15, 2011
07/11
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he could veto a debt ceiling bill at 11:00 p.m. on august 1, and the congress would still have time to pass a clean bill, a clean debt ceiling bill, before midnight. the president could write it himself. he could hand write it if he wanted to. he could just take one that we've written before, use the same words. just take the last one that was passed just last year. here it is, right here. in the monitor. all you have to do is change five digits. change the 14,294 to 167,000. that's it. you're done. that's the bill. the house and the senate can vote for it by voice vote in less than ten minutes. that's how far the president can take this if he really wants to put the congress' back to the wall, as the clock continues to tick down. as the republican retreat in disarray demonstrates the president's power only increases. joining me now is richard wolf, msnbc political analyst and author of "renegade: the making of a president." richard, as we've heard, the president has scheduled a news conference tomorrow. no working session of the g
he could veto a debt ceiling bill at 11:00 p.m. on august 1, and the congress would still have time to pass a clean bill, a clean debt ceiling bill, before midnight. the president could write it himself. he could hand write it if he wanted to. he could just take one that we've written before, use the same words. just take the last one that was passed just last year. here it is, right here. in the monitor. all you have to do is change five digits. change the 14,294 to 167,000. that's it. you're...
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Oct 8, 2013
10/13
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our debt ceiling is now 14.3 trillion dollars. it will need to be raised in the coming year. >> that guy didn't have to be particularly bright. he just had to know what the dealt ceiling is. it was a completely non-controversial invisible element of our government. the staff of the senate finance committee where we actually had to write debt ceiling increass s into law. john boehner cannot be allowed to pretend that the madness that he is allowing to run rampant is something that every president in modern history has had to contend with. >> every president in modern history has negotiated over a debt limit. debt limits have been used to force big policy changes. >> there is exactly one speaker in modern history who has seriously tried. by exactly one speaker of the house and that speaker of the house is not speaking the truth. here once begin. >> this is something routine. it has been done more than 40 times since ronald reagan is president. it has never before been used in the kind of ways that the republicans are talking about u
our debt ceiling is now 14.3 trillion dollars. it will need to be raised in the coming year. >> that guy didn't have to be particularly bright. he just had to know what the dealt ceiling is. it was a completely non-controversial invisible element of our government. the staff of the senate finance committee where we actually had to write debt ceiling increass s into law. john boehner cannot be allowed to pretend that the madness that he is allowing to run rampant is something that every...
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Jan 12, 2013
01/13
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what the debt ceiling allows -- what the debt ceiling allows congress to do is continue to deficit spend. if we would stop incurring deaf zits we wouldn't need to increase the debt ceiling. it's not about paying past bills. you get into the cash flow aspect of this thing. in order to increase the debt ceiling we are actually just basically giving the president the authority to put that debt burden on our children and grandchildren. it's not about spending at all. >> let me ask you a couple questions here. >> deficit spending. >> you said there's no doubt we are not going to default on our payments. the math indicates that if at some point we don't increase the debt ceiling, why won't we? >> our interest payment this year is under $250 billion. we're going to bring in $2.5 trillion in tax revenue, ten times what our interest servicing on the debt is. there are some casual aspects about turning over some debt but basically the only reason we have to increase the debt creeling is because we continue to deficit spend, spending a trillion dollars more than -- >> when you say we continue to de
what the debt ceiling allows -- what the debt ceiling allows congress to do is continue to deficit spend. if we would stop incurring deaf zits we wouldn't need to increase the debt ceiling. it's not about paying past bills. you get into the cash flow aspect of this thing. in order to increase the debt ceiling we are actually just basically giving the president the authority to put that debt burden on our children and grandchildren. it's not about spending at all. >> let me ask you a...